IGE (India) Pvt Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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IGE (India) Pvt Ltd, acting on behalf of the promoters and promoter group of International Conveyors Limited, has filed an annual declaration with NSE and BSE under Regulation 31(4) of the SEBI Takeover Regulations, 2011. The declaration states that the promoters, promoter group members, and persons acting in concert have not created any encumbrance (such as pledge or lien), directly or indirectly, on their shares of International Conveyors during the financial year ended March 31, 2025. The filing was signed by Deepak Kumar Ajmera, Director of IGE (India) Pvt Ltd, dated April 4, 2025.
This is a routine annual compliance filing. It reassures shareholders that no new pledges or encumbrances were placed on promoter-held shares during the year, indicating promoter stake remains unencumbered. No direct impact on stock price is expected from this disclosure.